Data indicates a favorable market for shippers, highlighted by intense price competition among parcel carriers and the sixth-straight quarter of truckload rates hovering at the floor AFS Logistics, an industry-leading third-party logistics (3PL) provider, and TD Cowen announce the third quarter (Q3) 2024 release of the TD Cowen/AFS Freight Index, a snapshot with predictive pricing […]
U.S. Senator J.D. Vance (R-OH) has been chosen as the GOP VP nominee, is officially on the record as a cosponsor of OOIDA’s top two legislative priorities
Spot market data for July 7-13, 2024 (Week 28) Load posts on DAT One rebounded by 66% last week The number of loads posted on DAT One increased by almost 66% to 2.13 million last week, recovering (and then some) from a 48% drop during the July 4 holiday week. The number of loads was […]
Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared’s ability to build and scale platforms I Squared Capital, independent global infrastructure investment manager, has raised in excess of $600 million from Mubadala Investment Company (“Mubadala”), the Abu Dhabi sovereign investor, Qatar Investment Authority (“QIA”) and others […]
Series A funding to accelerate platform development and market reach Alvys, the next-generation logistics operating platform for logistics and supply chain management, has raised $20.5 million in a Series A funding round. The round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire. The successful achievement of this round solidifies Alvys’s position as a […]
Continental’s in-tire sensor data and Samsara’s trailer data will give comprehensive trailer status information for highly efficient and sustainable fleet management Continental will be partnering with Samsara, a global telematics provider. The goal of this integration will be to deliver comprehensive, data-driven fleet management solutions with a focus on truck trailers. To accomplish this, both […]
